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Paladin Paladin is offline
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First recorded activity by BoatBanter: Aug 2006
Posts: 188
Default OT / My pet peeve *fatties*... more VAT


"Joe" wrote in message oups.com...


Bull feathers, If you have 100K in your retirement plan then 100K of
spending would be tax exempt, you get a rebate.


What are you going to do? Save each and every receipt for everything you bought and every service you availed
yourself of and then file a tax form and send along a truckload of receipts? Then prove the money you spent
really came out of a retirement account and that you did not just stash that money under a mattress? Come now!
Sounds more intrusive than the present unwieldy system to me.

How is it possible to get a rebate otherwise. You go to the store and tell them you are spending your retirement
dollars and ask them to not charge you the consumption tax? You know that is not going to fly. Just how do you
make spending tax exempt? You cannot. Tax is either collected on what you spend or it is not. There is no way
you can exempt one individual and not the other. Taxes are built in from manufacturer to retailer all the way
down the line. Consumption tax is on goods and services. Not just individuals pay them. Exemption will not work.
Rebates are unworkable. Perhaps you have another brilliant idea that fits in the realistic category? Before you
advocate for something it would be better if you at least had an inkling of how something works.

Americans are truly an arrogantly uninformed and sorry lot of ******s. Texans are even worse. Bush is proof
of that. If ever one of you spoiled brats had to do some serious understanding on your own your head would
surely explode.

Paladin
(Have gun - will travel)



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